KJARGAARD BYG A/S — Credit Rating and Financial Key Figures

CVR number: 30576144
Sundsvej 24, 7430 Ikast
mail@kjargaardbyg.dk
tel: 70221875

Company information

Official name
KJARGAARD BYG A/S
Personnel
20 persons
Established
2007
Company form
Limited company
Industry

About KJARGAARD BYG A/S

KJARGAARD BYG A/S (CVR number: 30576144) is a company from IKAST-BRANDE. The company recorded a gross profit of 9419.6 kDKK in 2024. The operating profit was -3481.3 kDKK, while net earnings were -3033.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.6 %, which can be considered poor and Return on Equity (ROE) was -84.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KJARGAARD BYG A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit29 094.2327 719.7920 250.8715 042.289 419.63
EBIT- 514.70- 764.25-1 264.63609.98-3 481.29
Net earnings-1 551.12- 690.54-1 270.31242.26-3 033.65
Shareholders equity total10 295.208 660.664 870.355 112.622 078.97
Balance sheet total (assets)36 675.5433 448.9481 338.9418 413.8712 319.67
Net debt6 644.897 310.09-1 981.81-3 537.07-2 414.50
Profitability
EBIT-%
ROA-1.1 %-1.3 %-2.0 %1.2 %-22.6 %
ROE-14.0 %-7.3 %-18.8 %4.9 %-84.4 %
ROI-1.7 %-1.9 %-7.9 %8.1 %-66.4 %
Economic value added (EVA)-1 512.43-1 803.94-2 044.4995.65-3 136.29
Solvency
Equity ratio28.1 %25.9 %6.0 %27.8 %16.9 %
Gearing86.8 %93.7 %0.6 %2.0 %4.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.01.21.0
Current ratio1.11.11.01.21.0
Cash and cash equivalents2 289.94806.232 010.443 639.422 511.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-22.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.9%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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